For Sale By Auction | 28 February 2023 | Lot 6

903 Colonnade House, 201 Sunbridge Road, Bradford, West Yorkshire

Sold £12,500

  • Property For Sale
  • Leasehold. The property is held on a 125 year lease from March 2012.

Call the team on 0113 393 3482 for more information

Auction Closed

Viewing Times

Please call Auction House West Yorkshire on 0113 393 3482 to arrange a viewing

This would make an ideal buy to let for a landlord looking to generate a high yield. Although currently vacant, similar units have been letting for approximately £4,200 per annum, meaning the property has the potential to achieve a gross rental yield of over 28% based on the guide price. The unit has recently been refurbished and comprises a pod bedroom with en suite shower room. There is also shared use of a communal kitchen/living area. The building has a ground floor communal reception entrance with lift access. the development is located within walking distance of the city centre, rail/bus stations and Bradford University. Lease Length - 125 years From March 2012 Service charge - £540 per quarter Ground Rent - £260 per annum The property will be sold as seen with all contents, fixtures and fittings included.

Tenure

Leasehold. The property is held on a 125 year lease from March 2012.

Accommodation

Pod bedroom with en suite shower room and has use of a communal kitchen/living area

Lot Type

Residential

Energy Efficiency Rating (EPC)

Current Rating E

Additional Fees

Administration Charge - See above

Disbursements - Search Fee: £240 inc VAT

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.